I received a creditors report from the administrator of OnQ yesterday. OnQ is the parent company of Bill Express. Both companies were public companies. Both failed. In this latest report, the administrator proposes a deed of company arrangement through which a backdoor listing business would take control of the OnQ shell. Click here to read the latest OnQ administrators report.
This latest activity is a reminder of the mess of Bill Express and the tens of millions of dollars of newsagent funds lost.
You can read my posts about OnQ here.